Romania’s competitive landscape
Thursday, November 6, 2014
Domestic government The Romanian government has announced plans to increase the royalty taxes for mineral resources such as oil and gas by the end of this year, according to BMI. These royalties will increase as the exiting levels are inadequate, yet, the extent of this rise is not 100% clear as of yet. At the moment Romania collects mineral royalties worth approximately US$ 425.5 million /y and ...